Bank of the West joins MRAA as platinum partner

Author:
Updated:
Original:

Bank of the West joined the Marine Retailers Association of the Americas as a platinum partner, the highest level of support for the association.

Bank of the West has been focused on expanding its marine market portfolio during the last few years. It serves dealers across the country with retail and floorplan lending.

“Bank of the West remains committed to serving all the same markets it was serving before the big recession,” senior vice president, sales and marketing manager Mark Beecher said in a statement. “The marine industry is now moving past a very rough patch in the business cycle. We continue to support our marine dealer base with retail finance programs from our National Indirect Lending Group, as well as our Essex Credit subsidiary.

“Three years ago, in the depth of the recession, we started a commercial finance business, serving the commercial financing needs of the marine industry, as well as dealers in the auto and RV markets,” he added. “We are definitely open for business and growing.”

Related

Sharrow Marine to Build MX-1 Props in Michigan

Founder Greg Sharrow announced the new global manufacturing HQ will be located in his hometown of Detroit.

Conception Captain Charged With 34 Counts of Manslaughter

The dive boat fire that killed 34 was among the deadliest in recent U.S. maritime history.

ABYC Foundation Announces Educator of the Year

The award was established to honor instructors that are shaping future marine service technicians.

Quick Hits: December 2, 2020

Vesper appoints global sales manager; Horizon Yachts wins Taiwan Gold award; and NFWF announces $1.2 in coral reef grants.

Patrick Industries Acquires Taco Metals

The components manufacturer had been family-owned for 60 years.